You borrow $3,897 for a loan for college expenses with a 2.5% interest rate. How much interest is charged on the loan

Answers

Answer 1

Answer:

Amount of interest pay per year = $97.5 (Approx.)

Step-by-step explanation:

Given:

Amount borrow for college expenses = $3,897

Rate of interest = 2.5%

Find:

Amount of interest pay per year

Computation:

Using Simple interest formula;

Simple interest = Amount borrow x Rate of interest x number of year

Amount of interest pay per year = 3,897 x 2.5% x 1

Amount of interest pay per year = 3,897 x 0.025

Amount of interest pay per year = 97.425

Amount of interest pay per year = $97.5 (Approx.)


Related Questions


A square pyramid has a base with a side length
of 8 feet and lateral faces with heights of 6 feet.
What is the lateral area of the pyramid?

Answers

Answer:

160.

Step-by-step explanation:

The area of the base is 64 since each side is 8, 8x8 is equal to 64. Then you have the lateral faces with a length of 8, and a height of 6, which is 48, but since they are triangles, you divide by 2, finally add 24+24+24+24+64 and your final answer is 160.

Libby wants to buy 290 raspberry yogurts. They are sold in packs of 4. How many packs does she need to buy?

Answers

Answer:

73 packs

Step-by-step explanation:

Find how many packs she has to buy by dividing 290 by 4, since each pack has 4 yogurts.

290/4

= 72.5

Since we need a whole number answer, round this up:

72.5

= 73

So, Libby will need to buy 73 packs

What is the exact time t, in years, needed for the balance of an account that earns 5% annual 8. Interest compounded continuously to triple?

Answers

Answer:

It takes 22.52 years for the balance to triple in value.

Step-by-step explanation:

Continuous compounding:

The amount of money earned using continuous compounding is given by the following equation:

[tex]A(t) = A(0)(1+r)^t[/tex]

In which A(0) is the initial amount of money and r is the interest rate, as a decimal.

Interest rate of 5%.

This means that [tex]r = 0.05[/tex], and thus:

[tex]A(t) = A(0)(1+r)^t[/tex]

[tex]A(t) = A(0)(1+0.05)^t[/tex]

[tex]A(t) = A(0)(1.05)^t[/tex]

Time for the balance to triple?

This is t for which [tex]A(t) = 3A(0)[/tex]. So

[tex]A(t) = A(0)(1.05)^t[/tex]

[tex]3A(0) = A(0)(1.05)^t[/tex]

[tex](1.05)^t = 3[/tex]

[tex]\log{(1.05)^t} = \log{3}[/tex]

[tex]t\log{1.05} = \log{3}[/tex]

[tex]t = \frac{\log{3}}{\log{1.05}}[/tex]

[tex]t =  22.52[/tex]

It takes 22.52 years for the balance to triple in value.

please help! ten points! thank you

Answers

I’m confused but probably 3 or 4

In ΔHIJ, the measure of ∠J=90°, IH = 5, HJ = 4, and JI = 3. What is the value of the tangent of ∠I to the nearest hundredth?

Answers

Answer= 4/3 or 1.33

Explanation:

The required triangle is possible, the value of the tangent of ∠I is 1.33.

What are trig ratios?

If you know the lengths of two sides of a right triangle, you can use trigonometric ratios to estimate the measures of one (or both) of the acute angles.

In a right triangle, the tangent of one of the acute angles is defined as the ratio of the length of the opposite side to the length of the adjacent side. In this case, we are looking for the tangent of ∠I.

Using the Pythagorean theorem, we can find the length of the third side, HJ, of the right triangle:

HI² = HJ² + IJ²

5² = 4² + 3²

25 = 16 + 9

tan(∠I) = opposite/adjacent = HJ/ JI = 4/3

Rounding to the nearest hundredth, we get:

tan(∠I) ≈ 1.33

Therefore, if the triangle is possible, the value of the tangent of ∠I is 1.33.

Learn more about trig ratios here:

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A baker uses 20
cups of flour to make 4 loves of bread. Use this information for the picture below!

Answers

Answer:

60 cups

Step-by-step explanation:

We can use ratios to solve

20 cups            x cups

---------------  = -------------------

4 loaves             12 loaves

20 * 12 = 4 *x

240 = 4x

Divide by 4

240/4 = 4x/4

60 =x

60 cups

Which best describes the incenter of a triangle?
• A. The point where the three altitudes of the triangle intersect

B. The point where the perpendicular bisectors of the three sides of
the triangle intersect

C. The point where the three medians of the triangle intersect

D. The point where the three angle bisectors of the triangle intersect
SUBMIT

Answers

Answer:

The statement that best describes the incenter of a triangle is that, it is the point where the three angle bisectors of the triangle intersect. In geometry, an incenter of a triangle is described as the triangle center.

Step-by-step explanation:

follow me

Answer:

D. The point where the three angle bisectors of the triangle intersect

Step-by-step explanation:

The selected accounts from the Blue Door Corporation's accounting records are presented below for the year ended December 31, 2015: Advertising expense $ 55,000 Interest revenue $ 30,000 Common stock 250,000 Inventory 67,000 Cost of goods sold 1,085,000 Rent revenue 24,000 Depreciation expense 125,000 Retained earnings 535,000 Dividends 150,000 Salaries and wages expense 675,000 Freight-out 25,000 Sales discounts 8,500 Income tax expense 70,000 Sales returns and allowances 41,000 Insurance expense 15,000 Sales revenue 2,400,000 Interest expense 70,000 Prepare a multiple-step income statement.

Answers

Solution :

Sales Revenue

Sales                                                                                   $ 2,400,000

Less:

Sales discount                                $ 8,500

Sales returns and allowances       $ 41,000

                                                                                             $ 48,500

Net Sales                                                                              $ 2,350,500

Cost of goods sold                                                               $ 1,085,000

Gross profit                                                                            $ 1,265,500

Operating expense :

Salaries expenses                         $ 675,000

Advertising expenses                    $ 55,000

Depreciation expense                  $ 125,000

Freight expense                             $ 25000

Insurance expense                        $ 15,000

Total operating expenses                                                 $ 895,000

Operating income                                                              $ 370,500

Non operating income

Interest revenue                            $ 30,000

Rent revenue                                  $ 24,000

                                                                                           $ 54,000

Non Operating expenses  :

Interest expense                                                                 $ 70,000

Income before income tax                                                 $ 354,500

Income tax expense                                                            $ 70,000

Net income                                                                            $ 284,500

Which of the following expressions can be used to calculate the area of a square with side lengths 5 inches?
- 5 + 4
- 5 x 4
- 5 x 5
- 5 + 5

Answers

Step-by-step explanation:

5x5

because 5^2 equals the area

DON'T UNDERSTAND SOMEONE CAN YOU HELP PLEASE
MY TEACHER IS ANNOYING ME TO DO THIS SUM

Answers

it is the linear equation

Linear equation is your answer

anyone help? Math infinite series
Which of the following infinite geometric sequences will have a related convergent series?

{16, 20.8, 27.04, 35.15,…}

{44, 44, 44, 44, …}

{5, 6, 7.2, 8.64,…}

(120, 96, 76.8, 61.44...)

Answers

Answer: Choice D

=====================================================

Explanation:

A sequence is simply a list of values. There may or may not be a pattern to the list, though usually in a math class your teacher would use a pattern.

A series is where we add partial sums of a certain sequence to form a new sequence. For example, let's say A = {44, 44, 44, ...} is one sequence and we could form a list of partial sums to be B = {44, 88, 132, ...} The 88 is from adding the first two terms of sequence A together. The 132 is from adding the first three terms of sequence A. This process is continued forever.

For a series to be convergent, the terms must approach some finite single value. They likely won't actually reach this value but they should get closer and closer (think of it like an asymptote). When I formed series B shown above, note how the terms keep growing. It turns out they won't stop growing either and that means the series diverges to positive infinity. So we rule out choice B. The same happens for choices A and C as well.

To make sure the series approaches some finite value, the underlying sequence its based on must have the terms approaching 0. Choice D seems to have this happen. The terms of the sequence are getting smaller and smaller. Adding on smaller pieces will produce terms in a series that would likely get us closer to some finite target.

Keep in mind that not all decreasing sequences have a converging series. A famous example would be the harmonic sequence {1, 1/2, 1/3, 1/4, ...} which its series does not converge. The proof of this lengthy so I'll leave it out.

In the case of choice D, it is a geometric sequence with a = 120 as the starting term and r = 0.8 as the common ratio. The series converges to

S = a/(1-r) = 120/(1-0.8) = 600

For the given table of values for a polynomial function, where must the zeros of the function lie?

A. between 2.0 and 2.5 and between 4.0 and 4.5

B. between 2.5 and 3.0 and between 4.0 and 4.5

C. between 2.0 and 2.5 and between 3.5 and 4.0

D. between 2.5 and 3.0 and between 3.5 and 4.0

Answers

Answer:

(B). between 2.5 and 3.0 and between 4.0 and 4.5.

Step-by-step explanation:

According to the Question,

If the value of the function is 0 at x=c, then c is a root or zero of the function. It means the graph of function intersects the x-axis at its zeroes.

From the given table it is clear that the value of function are

 x   |  f(x)  |   Sign

2.0 |  2.8  | Positive  

2.5 |  1.1    | Positive

3.0 | –0.8 | Negative

3.5 | –1.2  | Negative

4.0 | –0.3 | Negative

4.5 |  0.7  | Positive

The sign of values of function changes in interval 2.5-3.0 and 4.0-4.5. It means the graph of function must intersect the x-axis in intervals 2.5-3.0 and 4.0-4.5. So, the zeros of the function lie between 2.5 and 3.0 and between 4.0 and 4.5.

Therefore, the correct option is B.

Consider angle θ in Quadrant II, where sinθ = 4/5 . What is the value of cosθ?

Answers

Answer:

3/5

Step-by-step explanation:

sin theta=opposite/hypotenuse

4/5=opposite/hypotenuse

therefore opposite=4 and hypotenuse=5

for adjacent

using pythagoras theorem

a^2+b^2=c^2

opposite^2 + adjacent^2 =hypotenuse^2

4^2 + adjacent^2 =5^2

16 + adjacent^2 =25

adjacent^2 =25-16

adjacent =[tex]\sqrt{9[/tex]

adjacent=3

cos theta=adjacent/hypotenuse

=3/5

therefore the value of cos theta is 3/5

Maria thinks of a number double it and add 5 answer is 21 write as an equation in X and solve it to find Maria's number​

Answers

Answer:

The number is 8

Step-by-step explanation:

2x +5 =21

2x= 21-5

2x=16

2x/2=16/2

x=8

To check

8×2=16

16+5=21

Answer : Maria’s number is 8

2x + 5= 21

2x = 21 -5 ( taking whole number to other side of =)

2x = 16

X= 16/2

X= 8

Someone help with this please you have to classify and construct the triangles​

Answers

Answer:

The first triangle would be D - Right.

Explanation :

Acute angles can't have a single angle greater or equal to [tex]90^o[/tex]

Equiangular triangles have every single angle equivalent.

Obtuse angles have only angles greater than [tex]90^o[/tex]

Right triangles have 1 right angle (90 degrees)

=============================================

The second triangle would be an obtuse triangle (A)

Here's an example of an obtuse angle :

(As you can see, it doesn't need to have all 3 sides obtuse, just one)

✨HELP ASAP *Please*✨Theese figures are congruent. What series of transformations moves pentagon ABCDE onto pentagon A'B'C'D'E? Note: Rotations are clockwise Reflections are over the x-ory-axis.
A Rotation, translation
B. Reflection, translation
C. Reflection, rotation
D. Transation ansition​

Answers

Answer: C

Brainliest Me

I think that the correct answer is C.

Solve the rational equation by multiplying both sides by the LCD. Check your results for extraneous
solutions.
3
2 + 5x + 6
2-1
x + 2
7
x + 3
is a solution.
x=
0
is an extraneous solution.
RETRY
Intro

Answers

Answer:

x = 7 is a solution

x = -2 is an extraneous solution

^ CORRECT ANSWER

Step-by-step explanation:

The rational equation is solved and the solutions are 7 and the extraneous solution is x = -2

What is rational function equation?

A rational equation can be defined as an equation that involves at least one rational expression

A rational function is a function of the form f( x )=P( x ) / Q( x ) ,

f( x ) = P( x ) / Q( x ) , where P( x ) and Q( x ) are both polynomials.

A rational function f ( x )=P( x ) / Q( x )

f( x ) = P( x ) / Q( x ) may have a vertical asymptote

The domain is the set of all real numbers for which Q( x ) ≠ 0

Given data ,

Let the rational equation be represented as A

Now , the value of A is

( 3 / ( x²+5x+6 ) ) + ( ( x-1) / (x+2) ) = 7 / (x+3)   be equation (1)

On simplifying , we get

A rational function is a function of the form f( x )=P( x ) / Q( x ) ,

f( x ) = P( x ) / Q( x ) , where P( x ) and Q( x ) are both polynomials.

So , multiplying both sides by ( x²+5x+6 ) , we get

3 + x² + 2x - 3 = 7x + 14   be equation (2)

On further simplification , we get

x² - 5x - 14 = 0

On factorizing the equation , we get

x² - 7x + 2x - 14 = 0

Taking the common factors , we get

x ( x - 7 ) + 2 ( x - 7 ) = 0

( x + 2 ) ( x - 7 ) = 0

So , the two solutions of x are x = 7 and x = -2

Hence , the solutions of rational equation are x = 7 and x = -2

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mathhh raduiss please help

Answers

Answer: The answer is all shapes except the cone with radius= 5in and height= 8in

Helppp!!!and thanks.

Answers

Answer:

Step-by-step explanation:

12inches/foot , 12x132=1,584 inches

Solve the system of equations algebraically by using substitution method:

-3x+3y=9
-x+y=3

Answers

Answer:

This system has infinite solutions and it would be much easier to solve it by elimination but substitution it is.

Step-by-step explanation:

-3x+3y=9

-x+y=3

Isolate either x or y in any of the equations. I'll go with the second.

y = 3+x

Now substitute this for y in the first equation.

-3x+3(3+x)=9

Distribute the 3

-3x+9+3x=9

Combine like terms:

9=9

0=0

It's infinite

need the answer asap i will give you brainliest

Answers

Answer:

d

Step-by-step explanation:

Determine the relationship between the two triangles and whether or not they can be
proven to be congruent.

Answers

the photo wont load uhhhhh
Choices not shown - The two triangles are related by Angle-Angle-Angle similarity (AAA), so the triangles are similar.

Explanation: AAA~ is when two figures share three angles in similar.

Reflection: Across the line y = -1 ​

Answers

The A’ is your reflected shape. The red line is y=-1, or your line  right reflection.  To solve, I counted the distance from the red line on the original triangle, and then the same on the opposite side of the red line, and counted the same distance, plotting the points at the final spot.

please help me this is due in 30 minutes

Answers

1. A
2. C
3. C
4. A

I’m not so sure about number 4 tho!!

Answer:

a

c

c

a

Step-by-step explanation:

Find the measure of the arc

Answers

Answer:

104, 52 degrees

Step-by-step explanation:

A whole circle is 360 degrees.

So ark YX = 360-110-146=104

Z=1/2*YX=52

Measure of arc YX = 104°
Measure of
Explanation:

1) 110+146+x=360
256+x=360
x=104°

2) Intercepted arc = 1/2 inscribed angle

Solve the equation 6x^2 + 15x + 3= 2x^2 to the nearest tenth.

Answers

Answer:

x = -0.2 and x = -3.5

Step-by-step explanation:

Combine like terms in the given equation, by subtracting 2x^2 from both sides:

6x^2 + 15x + 3 = 2x^2

-2x^2                = -2x^2

----------------------------------

4x^2 + 15x + 3 = 0

This is a quadratic equation.  We'll find the two solutions using the quadratic equation

      -b ± √(b^2 - 4ac)

x = ---------------------------

                  2a

Here the coefficients of the quadratic are a = 4, b = 15 and c = 3.

Thus, the discriminant b^2 - 4ac is 15^2 - 4(4)(3), or +177

and from that we know we'll find two real, unequal roots.

                                -15 ± √177

The roots are:  x = ------------------- , or x = -0.2 and x = -3.5

                                         8

roatate triangle p 90* clockwise about the point (2,-1)

Answers

Answer:

hope this helps

Step-by-step explanation:

Write an equation of the line that passes through the points (2, -3) and (1,4).

Answers

i thiiink the line equation would be y=7/1+12

Question and choices are in the photo please explain the answer

Answers

Answer: The correct option is B.

Step-by-step explanation:

(x+5)(2x-1)=3(x+5)

Multiply the parentheses

2x^2 - x + 10x - 5 = 3x + 15

Collect like terms

2x^2 + 9x - 5 = 3x + 15

Move the expression to the left hand side and change its sign, then equate it to 0

2x^2 + 9x - 5 - 3x -15 = 0

Collect like terms

2x^2 + 6x - 20 = 0

Divide each term of the equation by 2

x^2 + 3x - 10 = 0

Rewrite the expression in factorized form

x^2 + 5x - 2x - 10 = 0

Factor the expression

x(x + 5) - 2(x + 5) = 0

(x + 5) (x - 2) = 0

Separate into possible cases but when the product of factors equals 0, at least one factor is 0.

x + 5 = 0———equation (1)

x - 2 = 0———-equation (2)

Solve the equations

x + 5 = 0———equation (1)

Make x the subject

x = 0 - 5

x = -5

x - 2 = 0———equation (2)

Make x the subject

x = 0 + 2

x = 2

Hence, the possible values of x are -5 and 2.

pls help me this is due in 30 minnutes

Answers

Answer:

The surface area is 88ft.

Just to let you know just in case if you have the same question is that the formula of finding the surface area of a rectangular prism is A = 2(wl + hl + hw)

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